Price for Silicates; Commercial Alkali Metal Silicates in Sweden - 2023

Price for Silicates; Commercial Alkali Metal Silicates in Sweden (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $552 per ton, increasing by 47% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silicates; commercial alkali metal silicates import price increased by +85.3% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,090 per ton), while the price for Poland ($492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; Commercial Alkali Metal Silicates in Sweden (FOB) - 2023

In August 2023, the average export price for silicates; commercial alkali metal silicateses amounted to $616 per ton, with an increase of 2.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in November 2022 an increase of 35% against the previous month. As a result, the export price reached the peak level of $803 per ton. From December 2022 to August 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was India ($3,197 per ton), while the average price for exports to Norway amounted to $450 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.0%).

Imports of Silicates; Commercial Alkali Metal Silicates in Sweden

Silicates; commercial alkali metal silicates imports into Sweden surged to 31K tons in 2022, growing by 22% compared with 2021 figures. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, silicates; commercial alkali metal silicates imports surged to $17M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; Commercial Alkali Metal Silicates in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	2.7	3.5	4.0	8.3	45.4%
Germany	4.2	4.8	3.6	7.2	19.7%
Netherlands	0.6	0.4	0.5	0.6	0.0%
Norway	0.2	0.3	0.3	0.3	14.5%
Others	0.6	0.9	1.2	0.8	10.1%
Total	8.3	9.9	9.6	17.3	27.7%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Sweden in 2022:

Poland (16.8K tons)
Germany (13.0K tons)
Netherlands (0.6K tons)
Norway (0.4K tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Sweden

For the third year in a row, Sweden recorded decline in overseas shipments of silicates; commercial alkali metal silicateses, which decreased by -14.3% to 7.3K tons in 2022. Overall, exports showed a deep downturn. The smallest decline of -0.7% was in 2021.

In value terms, silicates; commercial alkali metal silicates exports expanded slightly to $4.1M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 7.8% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.